Healthcare FMV Advisors News & Updates

The investigation, resulted in hospital paying $500,000 to the federal government, which is outlined in a settlement agreement released by the Office of the U.S. Attorney for the District of Rhode Island.

Fifty doctors are named in the settlement agreement with regard to potentially improper arrangements, failure of the hospital to document leases, and failure to document certain compensation arrangements.

The lawyer who managed Westerly through its receivership period, said the previous administration failed to abide by the provisions of the Stark Law, which requires the contracts be renewed annually.